James P Banks Foundation
Preselected recipients only
James P Banks Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $206,000 in 6 grants; the typical grant was $20,000 and the largest $111,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$206,000
- Number of grants6
- Typical grant$20,000
- Largest grant$111,000
- Assets$44.4 million
- New grantees100%
Giving in 2024 was up from $155,000 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $155,000 | 7 | $4.7 million |
| 2024 | $206,000 | 6 | $44.4 million |
How to apply
James P Banks Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
Where it gives
Its grants went to recipients in 4 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 3 | $141,000 |
| Georgia | 1 | $25,000 |
| Florida | 1 | $20,000 |
| Nebraska | 1 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| James Banks Memorial Fund | Charitable | $111,000 |
| Elephants Rhinos & People | Charitable | $25,000 |
| One Tail at a Time | Charitable | $20,000 |
| Harrison's Playmakers | Charitable | $20,000 |
| Jonathans Place of SWFL Inc | Support | $20,000 |
| Thomas M Gilbert Memorial Foundation | Charitable | $10,000 |
Officers and trustees
- Joseph A O'Brien
- Justin Terzo
- Wendy A O'Brien
Questions people ask
Does James P Banks Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does James P Banks Foundation give?
$206,000 in tax year 2024, across 6 grants, with a typical grant of $20,000.
Who runs James P Banks Foundation?
Its 2024 filing lists Joseph A O'Brien (President), Justin Terzo (Treasurer) and Wendy A O'Brien (Secretary).